Founder of Indian trading company says AI will take away jobs, but assures employees he will not fire them

The rise of AI has created uncertainty and anxiety among corporate workers, as there has been a constant debate over AI taking up human jobs and leading to layoffs..

However, following the AI debate, Zerodha has come out with a new internal policy that clarifies the company will not fire any employee simply because new technology has been implemented to help reduce workload and improve efficiency...

Further in his series of tweets, Kamath said that AI will eventually take away many jobs, but that businesses should not fire employees simply because they are no longer needed due to AI..

Kamath suggests that to prevent AI from increasing wealth inequality, governments should implement measures such as taxing companies that use AI to automate tasks and using the revenue to support displaced workers..

According to Nikhil Kamath, it is important for businesses to use AI for good by creating new jobs and improving the lives of employees..

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